Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy Prime Minister Alexander Novak told the energy ministry's in-house ...

European foreign ministers agreed on a “road map” to lift financial restrictions, but the change will happen in stages.

The latest U.S. sanctions against the aggressor country russia have led to India and China almost completely stopping buying ...

President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...

The sanctions also target a shadowy network of traders willing to ship and sell Russian oil and 183 vessels, including “shadow fleet” tankers that Russia uses to sidestep a Western embargo on ...

The European Union aims to ease sanctions on Syria following Bashar al-Assad's ousting, with a reversible roadmap. The ...

President Trump plans to refill the US Strategic Petroleum Reserve, which was significantly drained under the Biden ...

The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India ...

The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with ...

Oil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.